The story of this market
The typical home in ZIP 55344 sells for about $349,143, or $209 per square foot.
Prices are up +4.9% from a year ago, so sellers still have some momentum. Homes take about 30 days to sell. HUD's fair market rent for a two-bedroom is $1,802 a month.
ZIP 55344 — Eden Prairie
The 55344 housing market remains stable with a median home value of $349,143, reflecting a 4.9% year-over-year increase. While inventory is tight, the market is supported by strong local employment and high demand for suburban living. Buyers should note that while prices are rising, the market remains competitive with a median of 30 days on market.
This ZIP is ideal for families and professionals who value a balance of suburban tranquility, high-quality schools, and proximity to major corporate employment centers in the southwest metro.
Median prices moved up 4.9% year over year.
Homes spend a median of 30 days on market with 5.1 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.1% · poverty 10.4% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 55344, Hennepin County MN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Eden Prairie are generally low compared to regional and national averages, with the city consistently ranking as one of the safer communities in the Twin Cities metro area.
The area is served by the highly-rated Eden Prairie School District, which is recognized for strong academic performance and comprehensive extracurricular programs.
The area faces standard Midwestern climate risks, including severe thunderstorms and winter weather; flood risk is localized to specific low-lying areas near lakes and creeks.
Eden Prairie serves as a major employment hub in the southwest metro, hosting corporate headquarters for companies like Optum and Starkey Hearing Technologies, with ongoing mixed-use development near the town center.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Minnesota) — Condominium Unit Taxation: Each unit constitutes a separate parcel for tax purposes. If a declaration is recorded at least 30 days before a tax installment is due, the taxing authority must split the taxes among the units. State (Minnesota) — Minnesota General Property Tax Classification System: Property tax is calculated by applying a class rate to the parcel's estimated market value to determine tax capacity, then multiplying by the local tax rate. For residential homesteads (Class 1a), the rate is 1.00% for the first $500,000 of market value and 1.
Residents benefit from proximity to major corridors including I-494 and Highway 212, providing efficient access to downtown Minneapolis and the broader Twin Cities employment core.
The ZIP features extensive access to the Staring Lake Park and the Eden Prairie Center, with numerous trails, golf courses, and recreational facilities integrated into the suburban landscape.
The rental market is characterized by high demand and moderate vacancy pressure, with a mix of apartment complexes and townhome rentals catering to a diverse demographic.
The local economy is anchored by the healthcare, technology, and retail sectors, with significant corporate presence providing a stable employment base.
The area is well-connected by a network of highways and is served by regional transit bus routes, with ongoing infrastructure improvements to support commuting.
Development is focused on sustainable growth and the revitalization of older commercial corridors to meet modern housing and retail needs.
The Hennepin County Assessor manages property valuations, ensuring assessments align with market trends through annual reviews.
Parcels are subject to Eden Prairie ISD 272, Hennepin County, and various utility and watershed district levies.
Property insurance premiums are influenced by regional weather patterns, with standard coverage for wind and hail damage being essential for homeowners.
Data retrieved from data.census.gov ZCTA 55344 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Mall of America®4.68.2 mi
- Valleyfair4.25.1 mi
- Great Wolf Lodge | Minnesota3.97.8 mi
- Nickelodeon Universe4.58.2 mi
- Slick City Action Park4.515.7 mi
- U.S. Bank Stadium4.610.6 mi
- Grand Casino Arena4.616.1 mi
- Minneapolis Convention Center4.59.8 mi
- Minnesota State Fair4.714 mi
- Topgolf Brooklyn Center4.315.4 mi
- Mall of America®4.68.2 mi
- U.S. Bank Stadium4.610.6 mi
- Minnesota Zoo4.612.5 mi
- Valleyfair4.25.1 mi
- Minneapolis Institute of Art4.89.3 mi
- Minneapolis Institute of Art4.89.3 mi
- Science Museum of Minnesota4.616.1 mi
- University of Minnesota Landscape Arboretum4.810.1 mi
- Union Depot4.516.8 mi
- Walker Art Center4.59.2 mi
- University of Minnesota Landscape Arboretum4.810.1 mi
- Minneapolis Sculpture Garden4.79.3 mi
- Centennial Lakes Park4.74.1 mi
- Lake Harriet Regional Park4.86.6 mi
- Clifton E. French Regional Park4.710.8 mi
- The Minikahda Club4.46.9 mi
- Braemar Golf Course4.41.3 mi
- Puttery4.710.6 mi
- Brookview Golf Course and Lawn Bowling4.27.7 mi
- Stonebrooke Golf Club4.39.6 mi
- Mall of America®4.68.2 mi
- Twin Cities Premium Outlets4.510.1 mi
- Ridgedale Center4.47.2 mi
- Karmel Mall4.18.5 mi
- Asia Mall4.31.2 mi
- Minneapolis-Saint Paul International Airport4.49.6 mi
- Shoyu3.79.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A large community park featuring trails, a lake, and an observatory.
A major regional shopping mall serving the southwest metro area.
A premier golf course located within the city limits.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).